Australian Seniors are joining Gen Y as a subset of generation rent, as more people over the age of 65 are living in rental accommodation. Those expected to be settled in later life are now facing the challenges associated with co-sharing, but presents an opportunity for brands to tailor their offering.

Australians hoping to live in the city are resorting to sharing rooms with strangers. As rent prices increase and landlords let properties on short-term rental sites like Airbnb, people are sacrificing the luxury of a room to themselves to save on rent – and it’s potentially impacting their quality of life.

Young Americans are moving home now more than ever. And while they have a growing interest in decor, house-hopping is leading many to buy cheap, disposable furniture. Affordable and sustainable furniture-subscription company Feather is providing renters with value and Insta-credentials.

Apartment living is on the rise, as more young Australians are choosing lifestyle and location over housing affordability. The growth of shared spaces, such as community gardens, in apartment complexes is helping residents develop social relationships in traditionally isolated urban environments.